Hey Traders,
Ahead of our Ticker Highlight Show every Monday at 10 a.m. ET, the Option Pit trading team gathers their favorite and least favorite stocks of the week. Then during our live show, Mark Sebastian uses his cheap options scanner to find an easy, directional options trade for one of these stocks – and we give it away for FREE. If you don’t want to miss out on next week’s trade, be sure to add it to your calendar here! Anyway, here are my picks for the week. My Long Pick: IBIT One of the most consistent long-term drivers of Bitcoin has been global liquidity, often measured by M2 money supply – basically the total amount of money in the system. Historically, Bitcoin tends to follow M2 with about a 12-week lag. The chart says it all:
Global M2 (the white line) has turned sharply higher. Deficits and Big Beautiful Budgets in focus! Bitcoin (the teal line) bottomed in a consolidation zone and is now breaking higher. Liquidity fuels risk assets and Bitcoin is pretty much a risk asset now. I’ve been waiting patiently for confirmation, and we got it this week.
If the pattern above holds, Bitcoin could be setting up for another leg up as it plays catch-up to the surging M2. And one of the best things about it? Options are not expensive given the explosive potential in this name. I bought MSTX (levered MSTR/Bitcoin holder) options last week that are up 27% - Turbo Income members are enjoying that and an iShares Bitcoin Trust ETF (Ticker: IBIT) trade that one member said paid for his 3-year subscription.
My Short Pick: FVRR Ok, I’m reeeeaaally picking on the freelancer stocks lately. Don’t get me wrong, I love Fiverr International Ltd (Ticker: FVRR). I don’t even want to think about how much I’ve spent on the platform. Unfortunately, many of the things I used to pay a decent amount of money for can be done for $20 a month in ChatGPT. Companies like Fiverr are going to have their work cut out for them. They don’t own the skills they serve as middleman for. They merely act as the middleman. Plus, ChatGPT, Gemini, and friends are starting to mow Fiverr’s lawn. Like Upwork Inc (Ticker: UPWK) – which I hated a month ago – I think FVRR is dead money at best. Will we see one of these stocks become our FREE trade on Monday? Join at 10 a.m. ET to find out! Add the Ticker Highlight Show to your calendar here.
To your health and income, | 